EXHIBIT 12.1

PACIFICORP

STATEMENT OF COMPUTATION OF RATIO

OF EARNINGS TO FIXED CHARGES

(DOLLARS IN MILLIONS)

	Three-Month						Nine-Month
	Period Ended			Year Ended			Period Ended			Years Ended March 31,
	March 31, 2008			December 31, 2007			December 31, 2006			2006			2005			2004
Fixed charges, as defined*
Interest expense	$	84		$	314		$	215		$	280		$	267		$	256
Estimated interest portion of rentals charged to expense		2			8			6			10			9			10
Preferred dividends of wholly owned subsidiaries		-			-			-			-			-			19
Total fixed charges	$	86		$	322		$	221		$	290		$	276		$	285
Earnings, as defined*
Income from continuing operations	$	108		$	439		$	161		$	361		$	252		$	249
Add (deduct):
Provision for income taxes		58			220			86			199			169			144
Minority interest		-			-			-			-			-			-
Undistributed income of less than 50% owned affiliates		-			-			-			-			-			-
Fixed charges as above		86			322			221			290			276			285
Total earnings	$	252		$	981		$	468		$	850		$	697		$	678
Ratio of earnings to fixed charges		2.9	x		3.0	x		2.1	x		2.9	x		2.5	x		2.4	x

* Fixed charges represent consolidated interest charges, an estimated amount representing the interest factor in rents and preferred dividends of wholly owned subsidiaries. Excluded from the fixed charges is interest on income tax contingencies that is included in income tax expense in the consolidated statements of operations.Earnings represent the aggregate of (a) income from continuing operations, (b) taxes based on income from continuing operations, (c) minority interest in the income of majority-owned subsidiaries that have fixed charges, (d) fixed charges and (e) undistributed income of less than 50% owned affiliates without loan guarantees.